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From Malthusian Stagnation to Modern Growth

  • David N. Weil
  • Oded Galor

This paper examines the historical evolution of the relationship between population growth, technological change, and the standard of living. It considers several unified models that encompass the transition between three distinct regimes that have characterized the process of economic development: ``The Malthusian Regime," ``The Post-Malthusian Regime," and the ``Modern Growth Regime". We view the unified modeling of this long transition process - from thousand of years of Malthusian stagnation through the demographic transition to modern growth - as one of the most significant research challenges facing economists interested in growth and development.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/aer.89.2.150
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Article provided by American Economic Association in its journal American Economic Review.

Volume (Year): 89 (1999)
Issue (Month): 2 (May)
Pages: 150-154

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Handle: RePEc:aea:aecrev:v:89:y:1999:i:2:p:150-154
Note: DOI: 10.1257/aer.89.2.150
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  1. Galor, Oded & Weil, David, 1995. "The Gender Gap, Fertility and Growth," CEPR Discussion Papers 1157, C.E.P.R. Discussion Papers.
  2. Barro, Robert J & Becker, Gary S, 1989. "Fertility Choice in a Model of Economic Growth," Econometrica, Econometric Society, vol. 57(2), pages 481-501, March.
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